PEN - Peninsula Energy

[Karlos68]

Anyone thinking of selling PEN?.........Plenty spaces available

 

[Garpal Gumnut]

PEN.

I must look at PEN again.

I reckon I'm the only non board member or employee to ever make a quid out of them.

gg

 

[Karlos68]

 

[Karlos68]

Super Hot Update of U308 Monthly Spot Price

 

[jetblack]

Its like coming back to a High School reunion " Hey what you dudes been up to". What would have been , so many story to tell.
This thread should be bronzed just like the baby shoes and stand for ever in the Stock Forum hall of fame. As a testament to shareholders resilience. I applaud all those who contributed to the thread and have a lot of respect that they stood by their convictions, whether right or wrong, who was to know.
Easy to reflect now, but gee it would make a good movie.
This dog was loved.
Vale.

 

[greggles]

Peninsula Energy staging a comeback on news that Japan's energy mix target for 2030 is 20-22% nuclear, 22-24% renewable and 26% coal-fired, which will require them to restart a further 21 nuclear reactors over the next 12 years.

https://www.fnarena.com/index.php/2018/07/17/uranium-week-japan-moves-forward/

 

[HelloU]

bump
bottom maybe-supply in low 30's is real and plenty there even with vol (as in a real delay to chug through) but I do not think I will retire on this.
hello to all those that ignore me ....hope you bumped into AQZ back whenever.
toot toot

 

[Ann]

Geez us! A 1 for 40 consolidation on 5 Oct 2015 ahead of a listing on the NYSE MKT later that year.

Thanks for the heads up on this tech/a hope they didn't get you.

Don't panic folks this is old news. It is simply related to Consolidations.

This is a stock I would suggest everyone avoid like the plague, you run an excellent chance of losing all your money through a future stock Consolidation. It is a Rotting Souls stock.

 

[tech/a]

Page 50 post 1004
Is where I turned bear
And the bulls ravaged the bear
Some great lessons in that thread

 

[barney]

Page 50 post 1004
Is where I turned bear
And the bulls ravaged the bear
Some great lessons in that thread

Indeed ….

I made some tidy profit from PEN back then ..... but I left at least half of it on the table when Fukashima hit over that fateful weekend, when I should have cashed at least half my chips in prior …..

Wouldn't call it a great lesson … but valuable, yes

 

[Miner]

Gone are the days when some of the PEN enthusiasts put lots of money and one of them has disconnected from this forum as well. PEN has always news but they are not inspiring to be an investible commodity.
Good comments from @Ann, @tech/a and @barney.

 

[Garpal Gumnut]

I believe PEN is set to move up with ole Donald the Finehair in the White House and the price of uranium edging up.

The Donald likes Uranium power.

gg

 

[HelloU]

bump
bottom maybe-supply in low 30's is real and plenty there even with vol (as in a real delay to chug through) but I do not think I will retire on this.
hello to all those that ignore me ....hope you bumped into AQZ back whenever.
toot toot

nah, was not the bottom as that supply was like the endless giver ....and no goodness since so no point in a pilot........but maybe nearly time to look again? maybe

 

[HelloU]

oh ...aqz went 25% in 6 months ......less than i thought but it hit resistance .....looks like ppt and austrian have rubbed the leg of qantas ......(maybe good, maybe not?)

 

[Ann]

Peninsula Energy is only ASX uranium company set to benefit from US Section 232

Peninsula Energy Ltd (ASXEN) managing director and CEO Wayne Heili speaks to Proactive Investors about the US Department of Commerce Section 232 investigation into uranium imports, and explains how the company is set to benefit as the only ASX-listed US producer of uranium.


Heili also updates on field testing of a new low pH lixiviant at the Lance Project in Wyoming.

Video...

Looking at an EquiVolume chart, it appears there is selling pressure between 0.24 to 0.32/34.

 

[greggles]

PEN continuing its good run over the last six weeks. Up from a low of 15.5c back in early February to a high of 29c today.

Yesterday the company announced that its wholly owned subsidiary, Strata Energy Inc, has received the formal approval from the Land Quality Division within the Wyoming Department of Environmental Quality (WDEQ) of the Permit to Mine (PTM) amendment for low pH in-situ recovery (ISR) mining at the Lance Projects. The approval will allow the implementation of low pH operations within the Ross Permit Area at the Lance Projects in four progressive phases, Phase 1 of which is the low pH field demonstration that commenced in December 2018.

PEN up 23.4% to 29c following the announcement but looking like its about to hit some resistance at 29c-30c.

 

[Garpal Gumnut]

PEN has delivered ASF members in the past some nice trading profits. Uranium stocks are not for everyone. But for the counter-cyclical and if Trump gets back in, and if.. and if... PEN is well situated as an ASX stock with an asset in it's Lance project in Wyoming.

https://www.sharecafe.com.au/2019/05/31/can-producers-have-their-yellowcake-and-eat-it-too/

 

[Garpal Gumnut]

PEN.

I must look at PEN again.

I reckon I'm the only non board member or employee to ever make a quid out of them.

gg

PEN is no longer near alive. It lives. See @Telamelo post in a recent Uranium thread.

gg

 

[Telamelo]

PEN have about $12M cash balance and read somewhere possibly another $10M coming/on the horizon? (I'll have to re-check info. etc.) but am really liking the potential here imo

Just announced "Pre-development plans to ramp up Lance activities" in the US

DYOR

 

[bux2000]

PEN is no longer near alive. It lives.

Well I groomed the flights on my dart, sharpened it's point with the lucky sand paper, and ended my day with uranium on my breath

I will check for a pulse in the morning

bux